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In one or two sentences, identify a change (either increase or decrease) in supply or demand that would cause the equilibrium price to increase. QUICKLY ANSWER IT I WILL GIVE BRAINIEST TO THE BEST ANSWER
The supply or demand supports the equilibrium by the phenomenon of the stand point of price and exchange which cause an increase in the equilibrium's price and value.
Answer: A supply curve is a graph that show the number of goods that a producer supply at a certain price at a given point in time. A decrease in supply will cause the equilibrium price to increase. When there is a decrease in supply, the price of the product in the market will increase and the equilibrium price will also increase.
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